The Cover Page
To fully understand this offer, please read ‘The Origin of Freakie Fries’ section of this UFOC.
Thank You
Franchisor Principle: Joseph Morgese (sole proprietor)
1500 Beville Road, Suite 606, P.M.B.# 389
Daytona Beach, Florida 32114
(386) 405-0471
Freakie Fries has a number of business objectives, including;
To become the best franchise offer in the world.
To be global.
To sell the most ‘Montreal-Style’ hot dogs, french fries and smoked meat sandwiches ever. It's a fun game worth winning!
In addition to that, Freakie Fries will offer a delicious menu of ten low-calorie, yet satisfying meals at around 500 calories each, at a very reasonable cost. ( under development )
Also, 'Freakie Fries Spas' will franchise spas, offering massage therapy, float tanks, hot tubs, and meditation room.
To be everywhere!
To dominate the business world with enlightened business practices which exemplify:
-great respect for all individuals no matter what color, race, religion, sexual orientation, male or female,
-honesty and integrity in all our business dealings,
To end world hunger once and for all. In this world of plenty, there's no excuse for it! This will be our pet charity both on a local and global level.
Monthly Royalty Fee=$25 per $100,000.00 of gross annual revenue. A minimum $25. will apply to new start-ups.
(gross includes all revenue from the franchise location but not sales tax)
This fee will be tied in with the cost of living index and adjusted every five years.
Franchisee Initial Investment= $100.00 (for franchise) above your cost for the lease, the equipment and other start up costs of a regular restaurant.
Advertising fees will start at two times the amount of the royalty fee and placed in a special trust account set up for this. The Freakie Fries Franchise Association will manage this account and with a majority vote, may modify the fee.
Training fees only as needed, as determined by the Association. Freakie Fries franchisees will train other franchisees for fee as agreed upon by the Freakie Fries Franchise Association.
Other fees include:
-A monthly ‘Trademark-Defense-Fund Fee’ $10.00
-A monthly ‘Freakie Fries Association Operating Budget Fee’ $25.00
-A monthly ‘Seniority Re-distribution Fund Fee’ $25.00
An explanation for this can be found in Item 6 of this circular.
The Freakie Fries Franchise Association will be made up of all the franchisees within Freakie Fries. This group will vote on all matters with regards to the policies and directions of Freakie Fries. In this organization, the franchisee is also the co-franchisor along with all the other franchisees. Absolutely any policy within the organization can be modified by majority vote. So, although I am setting the initial policies, any Freakie Fries franchisee may submit a proposal to be voted upon. If, for example, the advertising budget seems too low, it may be changed in this manner, with a majority agreement.
All franchisees, for better or for worse, will abide by these amendments, that may come. As this is told to you up-front, you must be willing to play by these rules. There is no penalty for leaving Freakie Fries should any individual franchisee find that the direction of the majority no longer interests them. However, it is hoped that such scenarios never come our way.
Freakie Fries is a non-profit association, a buyer’s co-op, a credit union, a marketing group and a good buddy to the entire family of individual Freakie Fries franchisees.
That is what I want for Freakie Fries. The nominal royalty fees is for your right to use the Freakie Fries name and will be the only policy that cannot be changed. Thank You.
The Federal Trade Commission hasn’t checked this Uniform Franchise Offering Circular for Freakie Fries and doesn’t know whether it’s correct.
Please read the entire document, including the contract, when making a decision about a franchisor.
Take your time in making your franchise decision because it generally is a complicated investment.
Show this Uniform Franchise Offering Circular for Freakie Fries to an advisor, such as a lawyer or an accountant.
Notify the Federal Trade Commission if you find anything wrong with the document.
Find out about franchising laws in your state/province.
Information comparing franchises is available. Visit your public library for sources of information.
The home state of Freakie Fries is Florida, and as of this writing will be the governing state of this franchise agreement.
Although the State of Florida has registered this Uniform Franchise Offering Circular for Freakie Fries, this does not imply that the state has verified the information or is making a recommendation about the company.
Arbitration will be the recommended method of dispute resolution.
Summary
According to ‘The Franchise Bible’ by Erwin J. Keup, the best franchisee is:
-a hard worker;
-one who can follow instructions;
-one who will enjoy working in a particular type of business;
-one who has a background suitable to it;
-one who has adequate financial resources;
-one who has a family that supports the new venture; and
-able to follow orders.
Do you want to sell ‘Montreal-Style’ hot dogs, french fries and smoked meat sandwiches. Do you want to offer ten delicious combo platters that are no more than 500 calories and yet very satisfying and delicious? Do you want to be a part of the greatest gang of hot dog and french fry vendors in the world?
And/or
Do you want to offer great therapeutic massage, float tanks, hot tub and meditation hall?
If the answer is yes, then I invite you to read about Freakie Fries!